$450,000
For Sale
7024 sqft | 2 beds | 2 baths | 2.00 acres | #56251054
Type:Multi-Family
Structure:5+ Family
Zone:Residential

Description

Unique Investment Opportunity!
This established 8-unit multifamily property is located only minutes from Huntsville. It includes 5 mobile homes (2/1) and 3 site-built homes (2-2/2 & 1-2/1) on 2 acres of property with paved road frontage. Both the 2 bedroom/2 full bath homes were built in 2017 with the remaining units from the 1980s. All units are currently on community water, but there is also an existing well onsite. Three units utilize aerobic septic with the remaining 5 on conventional. The seller has been actively involved in maintaining the property, and there have been updates to many of the older units. There is strong rental demand in this area at this price point; units rent quickly.
Do not miss this opportunity. Contact us today!
MARKET HIGHLIGHTS: Huntsville, Texas offers an excellent quality of life and is home to Sam Houston State University (one of the fastest-growing universities in the state).

  • Interior Details
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • Lot Description2 Up to 5 Acres
    • Measurements
      • Square Feet7024
      • Acres2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built2017
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Electric, Water Connected
  • Community and Neighborhood Details
      • Elementary SchoolESTELLA STEWART ELEMENTARY SCHOOL
      • Middle SchoolMance Park Middle School
      • High SchoolHUNTSVILLE HIGH SCHOOL
      • School District64 - Huntsville
      • CountyWalker
  • Financial Details
      • Taxes Annual$4,928
  • Other
      • MLS #56251054

Location

Tony ChavezReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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